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Wise Living Technology Co (HKSE:02481) Total Inventories : HK$40 Mil (As of Dec. 2023)


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What is Wise Living Technology Co Total Inventories?

Wise Living Technology Co's total inventories for the quarter that ended in Dec. 2023 was HK$40 Mil. Wise Living Technology Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$36 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wise Living Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-13.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wise Living Technology Co's Days Inventory for the six months ended in Dec. 2023 was 9.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wise Living Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.70.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Wise Living Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Wise Living Technology Co Total Inventories Historical Data

The historical data trend for Wise Living Technology Co's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wise Living Technology Co Total Inventories Chart

Wise Living Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
39.00 46.75 54.64 40.33

Wise Living Technology Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 46.75 - 54.64 32.64 40.33

Wise Living Technology Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Wise Living Technology Co  (HKSE:02481) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Wise Living Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(780.056+0.75 * 517.018+0.5 * 40.329-4919.766
-0-266.004)/301.6
=-13.26

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Wise Living Technology Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=36.4825/682.141*365 / 2
=9.76

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Wise Living Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=682.141 / 36.4825
=18.70

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Wise Living Technology Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=36.4825 / 804.561
=0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Wise Living Technology Co Total Inventories Related Terms

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Wise Living Technology Co (HKSE:02481) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Wise Living Technology Co Ltd (HKSE:02481) » Definitions » Total Inventories
Comparable Companies
HKSE:01853 HKSE:01281 HKSE:01671 SHSE:600900 HKSE:01816 BOM:533096 SHSE:600011 VST LSE:CNA BOM:539254 HKSE:00006 NRG HKSE:00836 BOM:500400 SHSE:600674 SHSE:600023 NSE:JSWENERGY SHSE:601991 BUE:PAMP DFM:EMPOWER
Traded in Other Exchanges
N/A
Address
No. 15 Shuangliang Road, Ligang Street, Room 202, 2nd Floor, Jiangsu, Jiangyin, CHN
Website
http://www.hjkj.cn
Wise Living Technology Co Ltd is a cross-provincial heat service provider mainly operating in the Three North Region. It is principally engaged in the provision of heat services to residential and non-residential heat service customers under concession rights. In addition to its provision of heat services, which is considered as a public utility business, the company also provides heat-related; engineering construction services; and EMC services.
Executives
Galaxy Way Development Limited 2101 Beneficial owner
Gofintech Innovation Limited 2201 Interest of corporation controlled by you
Jiang Gang International Investment Company Limited 2101 Beneficial owner
Zhou Xiaoping 2201 Interest of corporation controlled by you
Jiang Yin Guo You Zi Ben Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Yin Guo You Zi Ben Kong Gu Ji Tuan Jin Rong Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Xing Yi Tou Zi Guan Li You Xian Gong Si 2101 Beneficial owner

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